Foresight Autonomous signs term sheet to buy 50.01% stake in Polish data center developer

Bitget2026/10/13 10:55

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Foresight Autonomous Holdings signed a non-binding term sheet to buy 50.01% of a Polish data center development company.
Target is advancing projects in Warsaw and Wroclaw with planned combined capacity of up to 270 MW.
Purchase price to be set by an independent valuation; consideration to be financed entirely through a seller loan.
Closing would include about USD 1 million for shareholder loans; up to USD 2.5 million in additional shareholder loans.
Separate convertible loan facility of up to USD 3.5 million would fund those obligations; CFO Eli Yoresh holds 10% of the target.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foresight Autonomous Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610130655PRIMZONEFULLFEED9844569) on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Foresight Autonomous signs term sheet to buy 50.01% stake in Polish data center developer

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